F1 drivers balk at license hike | FerrariChat

F1 drivers balk at license hike

Discussion in 'F1' started by jk0001, Jan 26, 2009.

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  1. jk0001

    jk0001 F1 Veteran

    Oct 18, 2005
    6,706
    Sun Coast
    Full Name:
    Jim
    http://www.iht.com/articles/ap/2009/01/24/sports/CAR-F1-Drivers-License.php

    PARIS: Formula One drivers have delayed signing their licenses for this season's championship after the sport's governing body hiked the price.

    The super license, which allows F1 drivers to race, has jumped €400 ($514) to €10,400 ($13,362). FIA said the increase was necessary to cover escalating safety costs.

    FIA has increased the cost of winning, with each championship point won rising €100 ($128) to €2,100 ($2,700). It also issued a compulsory insurance charge of €2,720.

    It is the second straight year that license costs have increased.

    With all of the increases, F1 champion Lewis Hamilton will have to shell out nearly €220,000 ($283,000) to compete this year.

    The Grand Prix Drivers' Association said that the Formula One Teams Association would look into the matter next month, while FIA president Max Mosley is reportedly ready to consider the matter if drivers reveal their financial records.
     
  2. jk0001

    jk0001 F1 Veteran

    Oct 18, 2005
    6,706
    Sun Coast
    Full Name:
    Jim
    Sorry about the post , I did not see there was already a thread about the subject.
     

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